Let’s Party Like It’s 1929: How Wall Street Hasn’t Changed Much In 83 Years

Oct. 29 was the 83rd anniversary of the stock market crash of 1929, also known as Black Tuesday. As we are now in the midst of the worst economic downturn since that time, it is extremely important that we take a look back into history. What similarities are evident between 1929 and 2008? What mistakes […]

Edward Rhymes
By Edward Rhymes
In this Oct. 25, 1929 file photo, stock brokers are seen at the stock exchange in New York, USA, as panic shares selling continues from the previous day. It was the day the stock exchange crashed and broke loose a world wide recession and financial crisis and thus was termed 'Black Friday'. (AP Photo/Str)

Oct. 29 was the 83rd anniversary of the stock market crash of 1929, also known as Black Tuesday. As we are now in the midst of the worst economic downturn since that time, it is extremely important that we take a look back into history. What similarities are evident between 1929 and 2008? What mistakes are we continuing to make? What lessons have

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2016: The Dreams And Delusions From Dinesh

Be afraid, be very afraid seems to be the refrain that comes across loud and clear in the Dinesh D’Souza film, “2016: Obama’s America”. It is an extremely popular entry into the Obama-as-other collection of narratives. The film would have actually been far more compelling had D’Souza just stayed with his own life story, as he […]

Edward Rhymes
By Edward Rhymes
In this Sept. 30, 2012 file photo, President Barack Obama waves to supporters as he arrives at McCarran International Airport in Las Vegas. (AP Photo/Isaac Brekken, File)

Be afraid, be very afraid seems to be the refrain that comes across loud and clear in the Dinesh D’Souza film, “2016: Obama’s America”. It is an extremely popular entry into the Obama-as-other collection of narratives. The film would have actually been far more compelling had D’Souza just stayed with his own life story, as he had for the first

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What We Still Don’t Know About Mitt Romney’s Taxes

With the documents Mitt Romney released  recently, we know a bit more about his taxes. We know, for instance, that Romney paid a rate of 14.1 percent on $13.7 million in income on his 2011 tax return, which he achieved by purposely overpaying. Though he was entitled to deduct $4 million in charitable contributions, Romney deducted only […]

Theodoric Meyer, ProPublica
By Theodoric Meyer, ProPublica
In this Sept. 9, 2012 file photo, Republican presidential candidate Mitt Romney arrives at his campaign headquarters in Boston, to prepare for the presidential debates. (AP Photo/Charles Dharapak)

With the documents Mitt Romney released  recently, we know a bit more about his taxes. We know, for instance, that Romney paid a rate of 14.1 percent on $13.7 million in income on his 2011 tax return, which he achieved by purposely overpaying. Though he was entitled to deduct $4 million in charitable contributions, Romney deducted only $2.25

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Greenpeace Continues Criticisms Of Duke Energy, Calling For ALEC Separation

(Mint Press) – Since the beginning of the year, environmental activist organization Greenpeace has called out Charlotte, N.C.-based energy company Duke Energy for its fixation on coal power and slow response to renewable energy sources. But a recent campaign made by Greenpeace is now looking at the energy company’s role in this year’s presidential election as […]

Joey LeMay
By Joey LeMay
A man walks in front of Duke Energy Corporate Headquarters in a Charlotte, N.C. file photo from Feb. 1, 2006. (AP Photo/Nell Redmond, File)

(Mint Press) – Since the beginning of the year, environmental activist organization Greenpeace has called out Charlotte, N.C.-based energy company Duke Energy for its fixation on coal power and slow response to renewable energy sources. But a recent campaign made by Greenpeace is now looking at the energy company’s role in this year’s presidential

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Death Takes A Policy: How A Lawyer Exploited The Fine Print And Found Himself Facing Federal Charges

Joseph Caramadre has spent a lifetime scouring the fine print. He’s hardwired to seek the angle, an overlooked clause in a contract that allows him to transform a company’s carelessness into a personal windfall. He calls these insights his “creations,” and he numbers them. There have been about 19 in his lifetime, he says. For […]

Jake Bernstein
By Jake Bernstein
A stack of papers in files sits on a table. (Photo by moppet65535 via Flikr)

Joseph Caramadre has spent a lifetime scouring the fine print. He's hardwired to seek the angle, an overlooked clause in a contract that allows him to transform a company's carelessness into a personal windfall. He calls these insights his "creations," and he numbers them. There have been about 19 in his lifetime, he says. For example, there was

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States cutting worker pensions to save money

BATON ROUGE, La. (AP) — Neil Carpenter took a pay cut when he accepted a job as a Louisiana state accountant more than 12 years ago, but he figured he would make up for the loss with a retirement check that would guarantee long-term financial security for him and his family. Now the 41-year-old finds […]

Associated Press
By Associated Press
In this Feb. 26, 2012 file photo, California Gov. Jerry Brown speaks with reporters during the National Governors Association winter meeting in Washington. (AP Photo/Jose Luis Magana, File)

BATON ROUGE, La. (AP) — Neil Carpenter took a pay cut when he accepted a job as a Louisiana state accountant more than 12 years ago, but he figured he would make up for the loss with a retirement check that would guarantee long-term financial security for him and his family. Now the 41-year-old finds his life plan teetering as Republican Gov.

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